Illinois grain prices in country elevators

[February 28, 2014]  SPRINGFIELD — This is Thursday's report of the grain prices and trends prepared by the USDA and the Illinois Department of Agriculture.

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In Northern and Western Illinois country grain dealers quoted shelled corn bids were 7 to 8 cents lower.

Soybean bids were 9 to 16 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were 7 to 8 lower.

Soybean bids were 9 to 13 cents lower.

In the Southern part of the state, shelled corn bids were steady to 8 cents lower.

Soybean bids were 17 to 19 cents lower.

Wheat bids were 17 to 22 cents lower.

Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. are listed below in dollars per bushel:

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	4.22 - 4.42	13.49 - 13.75
WESTERN	4.31 - 4.38	13.66 - 13.75
N. CENT.	4.21 - 4.36	13.72 - 13.96
S. CENTRAL	4.27 - 4.45	13.68 - 13.95
WABASH	4.33 - 4.49	13.89 - 13.99	5.60 - 5.93
W.S. WEST	4.36 - 4.53	13.73 - 14.02	5.86 - 6.16
L. EGYPT	4.33 - 4.43	13.82 - 13.99	5.82 - 5.95

Central Illinois average price

Corn:  4.33 (-15 H)
Soybeans: 13.82 (-11 1/2 H)

CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	4.21 - 4.36	11.15 - 11.41
WESTERN	4.25 - 4.32	11.24 - 11.46
N. CENT.	4.24 - 4.36	11.18 - 11.45
S. CENTRAL	4.21 - 4.36	11.19 - 11.41
WABASH	4.29 - 4.41	11.24 - 11.40	5.60 - 5.71
W.S. WEST	4.21 - 4.28	11.36 - 11.60	5.77 - 5.86
L. EGYPT	4.31 - 4.36	11.29 - 11.41	5.56 - 5.66

[Text copied from USDA-Illinois Department of Agriculture Market News, Springfield]